Life insurance premium volume to GDP (%) in Serbia
Serbia: Life insurance premium volume to GDP (%) was 0.5% in 2020. ◆ Volatile
Life insurance premium volume to GDP in Serbia, 1997–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
In 2020, life insurance premium volume to gdp in Serbia stood at 0.5%.
That represents a change of up 2.9% on the previous year and up 65.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Serbia peaked at 0.5% in 2016 and was at its lowest, 0.0%, in 2000.
Serbia ranks 91st of 162 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Life insurance premium volume to GDP (%) in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 0.0% | — |
| 1998 | 0.0% | -22.6% |
| 1999 | 0.0% | +3.7% |
| 2000 | 0.0% | -5.2% |
| 2001 | 0.0% | +67.0% |
| 2002 | 0.0% | +31.6% |
| 2003 | 0.1% | +189.7% |
| 2004 | 0.1% | +45.4% |
| 2005 | 0.2% | +57.1% |
| 2006 | 0.2% | +6.7% |
| 2007 | 0.2% | +17.1% |
| 2008 | 0.2% | +11.5% |
| 2009 | 0.3% | +18.3% |
| 2010 | 0.3% | +11.4% |
| 2011 | 0.3% | -3.9% |
| 2012 | 0.3% | +12.5% |
| 2013 | 0.3% | +9.7% |
| 2014 | 0.4% | +12.7% |
| 2015 | 0.4% | +16.7% |
| 2016 | 0.5% | +13.8% |
| 2017 | 0.5% | -6.4% |
| 2018 | 0.5% | -1.9% |
| 2019 | 0.5% | -1.4% |
| 2020 | 0.5% | +2.9% |
Serbia compared with similar countries
- Serbia's 0.5% is below the median for upper middle income countries, which is 0.5%, 99% of the median. (46 countries reporting)
- Serbia's 0.5% is below the median for Europe & Central Asia, which is 0.8%, 59% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Life insurance premium volume to GDP (%) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +189.7% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 3 |
| 2000s | 0.1% | 0.0% | 0.3% | 10 |
| 2010s | 0.4% | 0.3% | 0.5% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 1 |
Countries ranked near Serbia
More financial sector data for Serbia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.15 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Serbia?
- Life insurance premium volume to gdp in Serbia was 0.5% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Serbia?
- The highest recorded value was 0.5% in 2016.
- What is the lowest life insurance premium volume to gdp recorded in Serbia?
- The lowest recorded value was 0.0% in 2000.
- How does Serbia rank for life insurance premium volume to gdp?
- Serbia ranks 91st out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Serbia?
- Over the last ten years it is up 65.3%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.